Harvest Partners has sold its remaining interests in New Flyer Holdings Inc., a manufacturer of y-duty transit buses in the United States and Canada. The company's income deposit securities are publicly-traded on the Toronto Stock Exchange. No financial terms were disclosed. PRESS RELEASE Harvest Partners, LLC, a New York-based private equity investment firm […]
Raprt, a social gaming startup launched by XFire co-founder Dennis Fong, has raised $12 million in Series A funding, according to PaidContent. Backers include Accel Partners and the Founders Fund. www.raptr.com
HONG KONG (Reuters) – Coca-Cola Co (KO.N: Quote, Profile, Research, Stock Buzz), the world's largest soft drinks maker, offered to buy juice maker China Huiyuan Juice Group Ltd (1886.HK: Quote, Profile, Research, Stock Buzz) for a hefty premium, marking the biggest takeover in China by a foreign company. The all-cash deal of $2.5 billion, which […]
Eco-Products, a Boulder, Colo.-based provider of food service items made from renewable resources, has raised $2 million in Series A funding from Greenmont Capital Partners. PRESS RELEASE Eco-Products, the nation's largest supplier of food service items made from renewable resources, closed a $2 million Series A investment on Aug. 28 with Greenmont Capital Partners, […]
The HealthCentral Network, an Arlington, Va.-based provider of online health and wellness information, has acquired TheBody.com and TheBodyPro.com for an undisclosed amount. The first is an HIV/AIDS patient resource, while the second is an HIV/AIDS professional resource. HealthCentral has raised over $80 million in VC funding from firms like IAC, Sequoia Capital, Carlyle Venture […]
Gryphon Investors has sponsored simultaneous recapitalizations of Carlsbad, Calif.-based Synteract Inc. and Overland Park, Kan.-based Vince & Associates Clinical Research, providers of outsourced pharma services to biotech and drug companies. No financial terms were disclosed. Celerity Partners, an existing backer of both companies, will remain a shareholder. PRESS RELEASE Gryphon Investors announced today […]
Veyance Technologies Inc., the former Engineered Products division of Goodyear Tire & Rubber, has acquired RCT Servicos de Vulcanizacao, a Brazilian conveyor belt supplier and service provider. No financial terms were disclosed. Veyance was acquired last year by The Carlyle Group for $1.475 billion. PRESS RELEASE The world's No. 1 conveyor belt manufacturer and exclusive […]
The New York State Common Retirement Fund has disclosed three new fund commitments: $250 million to Lindsay Goldberg III; $50 million to VantagePoint CleanTech Partners II and $10 million to Smith Whiley Pelham Fund III. www.osc.state.ny.us
Alberto Cribiore has agreed to join Citi as vice chairman of its institutional clients group, effective next week. He previously was managing partner of Brera Capital Partners and an independent director with Merrill Lynch. Prior to founding Brera, Cribiore was co-president of Clayton Dubilier & Rice. PRESS RELEASE Citi today announced that Alberto Cribiore […]
SHANGHAI (Reuters) – Chinese fast-food restaurant chain Chamate will receive a combined $23 million in venture capital funds from foreign investors, including Oak Investment Partners and IDGVC, ahead of a planned overseas listing, a financial source involved in the transaction said on Thursday. The third round of private fund-raising for Chamate, whose major shareholders include […]